17 Jan 2009 8:03 PM:
Dear Sir,
I am also thinking along those line as I feel a mortgage in the Uk is more controllable and safer.
I can get an interest only mortgage in the UK and this sounds much cheaper than the repayment mortgage from Spain Banks at least until we ride the storm.
The only major drawback is the exchange rate at present which will defeat any benefit from switching the mortgage to a UK bank with its current low rate and flexibility.
Thread:
Mortgage switch
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